20.59 billion Pesos. That’s how much how the six biggest real estate names in the Philippines have raked in profit, combined, in just one quarter. Things are looking up for developers, both in the residential and office space segments.

Speaking of cash-rich companies, that little business that Steve Jobs left behind is wondering what to do with its own mountain of cash. Stockholders are clamoring for a dividend, while customers should suggest an iPad 3 price subsidy. In related news, Apple (APL) stock is on a scary tear right now.

The Philippine Stock market continues its bullish run, thanks to the faith local and foreign investors’ are showing in the market environment.

Did you enjoy the 1st part of this mini-series? Our second set of frequently-Asked-Questions talks about which how long should you be waiting on loan approval, and why you should know your property developers before you look for a home. (More …)

Filipinos based abroad, whether working or living in the country of their choice, have a variety of reasons as to why they may want to purchase a property in the Philippines. An OFW based in Dubai may be looking for a better home where to invest their hard-earned savings. Perhaps a Filipino naturalized in the US may be looking for a sound investment in property that they may also use as living quarters when they return to the Philippines. In any case, they have a few questions in mind when buying a property as well as bank financing, and here’s a few of them which we’ve answered to the best of our abilities.

SPA for OFW if done here in the Philippines does not need to be consularized. UBP accepts this per my experience. the premise needed is that the principal needs to be here in the philippines at the time of execution..hehe.. having the SPA cosularized sometimes, is the hardest part of the whole bank financing thing..

Goodbye 2011, Hello 2011. The new year is about the bright futures and optimistic resolutions, but let’s also take a look back at powerful moments in the past year. After all, 2011 has changed us, and hopefully, made us prepared for 2012. Here are our top moments for 2011: (More …)

Few people today know that the area occupied by NAIA and Villamor Airbase used to be know as Nichols Field. This strategic piece of land used to serve the 20th US Airbase Group of the Far East Air Force before becoming the location of the Philippine Air Force’s headquarters, and one of the major gateways to Luzon.

NAIA Terminal 3

Today, Nichols Field is home to Newport City, another township project of Megaworld Corporation. Those flying in via NAIA Terminal 3 will quickly spot this bustling community, with Resorts World Manila standing out in the scene, complete with hotels, shopping malls, and casinos. One would quickly assume that Newport City is the place for top-caliber entertainment.

Resorts World Manila complex, located in front of NAIA Terminal 3.

But Megaworld Corporation is taking Newport City one step further, by offering premium residential areas in the complex. Several residential options are found within the vicinity, such as The Parkside Villas, which boasts of lush greens as it fronts the golf course. Another option is The Palmtree (and The Palmtree Two), which offers quick access to Resorts Worlds’ entertainment amenities. Newport Boulevard also offers a host of condominiums, all of which cater to those who want a taste of “the city that never sleeps”. All these units can be availed via UnionBank financing, which also entitles the borrower to other incentives.

The Newport Masterplan. Can you see yourself here?

So what do you think? A city near the airport, complete with entertainment features, and a short drive away from the business district. Do you see yourself living here? Tell us your insights and hit us up in the comments section below.

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It’s time once again to show that Bayanihan attitude we Filipinos are known for, as our brothers and sisters in Cagayan de Oro and Iligan are in need of our help. Typhoon Sendong has brought massive floods to parts of Mindanao, and left a trail of destruction. The government is doing its best to make the situation better, but we can all do our part in helping out. Head on over to the Philippine Red Crosssite to donate, or send your donations to them care of UnionBank: